(c)The facts which are admitted and not disputed are:
SUIT NO. 625/14 State Bank of India M/s Ghunghat The Design House 13 of 24
I. Proprietor of defendant no. 1 earlier used to run his
business in the name of M/s Ellora The Fashion Cave,
II. Proprietor of defendant no. 1 obtained cash credit limit
of Rs. 2.00 lacs being proprietor of M/s Ellora The
Fashion Cave from plaintiff on 25.06.2003,
III. On request of proprietor of defendant no. 1, plaintiff
enhanced the cash credit facility of Rs. 2.00 lacs to
Rs. 2.50 lacs on 18.05.2004,
IV. Proprietor of defendant no. 1 changed the name of his
firm M/s Ellora The Fashion Cave to M/s Gunghat The
Design House,
V. Proprietor of defendant no. 1 also obtained term loan
facility of Rs. 40,000/ from plaintiff for revival of his
unit,
VI. Proprietor of defendant no. 1 and defendant no. 2
admitted their signatures at respective places of loan
documents Ex. PW1/1 to Ex. PW1/18.